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Lexus ES 300 Insurance Rates

Shopping for auto insurance online is easy and at the same time you can save money. The key is to take the time to get rates from all providers so you can compare every option.

Consumers not familiar with comparison shopping may think purchasing affordable Lexus ES 300 insurance is very challenging. Finding a lower price on Lexus ES 300 insurance is not rocket science. You just have to take a little time getting comparison quotes from different insurance companies. This is very easy and can be done by visiting this page.

What factors impact your insurance rates?

Car insurance premiums paid to insure a Lexus ES 300 can vary widely based upon several criteria. Taken into consideration are:

  • Your driving record
  • Credit rating
  • Where you reside can make a big difference
  • Annual mileage can affect rates
  • Men typically pay more than women
  • Higher deductibles save money
  • Your vehicle's safety rating
  • Your claim history
  • No coverage lapses saves money
  • Whether you rent or own your home

An additional factor that will help determine Lexus ES 300 insurance rates is the year of the vehicle. A newer vehicle have a higher replacement value than older models so repair costs are higher which can inflate annual premiums. Conversely, more recent Lexus vehicles may have safety features such as sideview assist mirrors, pedestrian detection, lane departure warning system, and tire pressure monitors which can provide discounts that lower premiums.

To get a better idea how rates are influenced for your specific model year, select the year of your vehicle from available model years below.

Liability coverage

Liability insurance will cover damages or injuries you inflict on a person or their property by causing an accident. Liability coverage pays for things such as emergency aid, pain and suffering, and medical services. Liability insurance is relatively cheap so you should buy higher limits if possible.

Collision coverage

Collision coverage will pay to fix damage to your Lexus from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder. This coverage can be expensive, so consider dropping it from older vehicles. Another option is to raise the deductible to bring the cost down.

Comprehensive coverage

This will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it's not worth carrying full coverage.

Uninsured Motorist or Underinsured Motorist insurance

This gives you protection from other drivers when they are uninsured or don't have enough coverage. Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as doctor visits, EMT expenses, and X-ray expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. PIP is only offered in select states but can be used in place of medical payments coverage.

How Much are Lexus ES 300 Insurance Rates?